Coinbase, the largest cryptocurrency exchange in the United States, is facing scrutiny after a surge in phishing scams led to millions in losses. Between December 2024 and January 2025, hackers are ...
Coinbase users lost $300M annually to scams, with $65M lost in last two months, amid the criticism for security failures and account restrictions.
A pseudonymous on-chain investigator is saying that Coinbase users lose millions of dollars annually to social engineering ...
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Hosted on MSNCoinbase not doing enough after users lose $65 million between Dec 2024 and Jan 2025 – ZachXBTCoinbase has been under a lot of fire recently, and now, it has become a subject of interest from ZachXBT, a crypto sleuth famous for getting to the bottom of various scams. In separate updates shared ...
The Cyprus police have issued a warning to investors about the latest spurt of scammers posing as Binance officials in SMS ...
A Coinbase user lost 110 cbBTC worth $11.5 million in a social engineering scam on Base, according to ZachXBT.
Coinbase faces scrutiny as blockchain investigator ZachXBT reveals $65M+ lost to social engineering scams, highlighting security gaps and the urgent need for enhanced protection measures.
ZachXBT advised Coinbase to enhance security by making phone number inputs optional, creating a restricted account type for new users and improving community education on scam prevention.
Coinbase (COIN ... send different prompts to the target via spoofed emails using panels,” he noted. “The two main groups conducting these scams are skids from the Com and threat actors ...
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